Florida Q1 2016 PCA Index Findings Infographic
Once a quarter, Pepperdine University’s Graziadio School of Business and Management and Dun & Bradstreet poll small and medium-sized businesses across the nation to learn more about those companies growth and access to capital.
Florida Small Businesses Are Feeling More Restricted Than Others Nationally
- Florida small businesses are feeling much more restricted than the national average: 71% feel their growth opportunities are restricted, compared to 58% nationally, and 68% feel their ability to hire is restricted, compared to 50% nationally
- these feelings of restriction could come from an inability to get loans: Of the 56% of Florida small businesses that applied for a loan, only 29% received one, compared to 38% nationally
- due to this lack of loans, 41% transferred personal assets, compared to 37% nationally